The following production-cost worksheet has been prepared for the month of December for Ag Chemical. Assignment of costs:
Work in process, ending:
Required:
Prepare general journal entries for the following:
a.Record costs of materials put into process for December.
b.Record conversion costs put into process in December.
c.Record goods transferred-out to finished goods for December.

Question

The following production-cost worksheet has been prepared for the month of December for Ag Chemical.   Assignment of costs:
  Work in process, ending:
  Required:
Prepare general journal entries for the following:
a.Record costs of materials put into process for December.
b.Record conversion costs put into process in December.
c.Record goods transferred-out to finished goods for December.

Quizplus · Accepted Answer

The Answer of The following production-cost worksheet has been prepared for the month of December for Ag Chemical.   Assignment of costs:
  Work in process, ending:
  Required:
Prepare general journal entries for the following:
a.Record costs of materials put into process for December.
b.Record conversion costs put into process in December.
c.Record goods transferred-out to finished goods for December.

The Following Production-Cost Worksheet Has Been Prepared for the Month